Trend-Following Backtester · Guide · backtest 한국어

equity · US

Mueller Industries, Inc. backtest

10 trend-following strategies were compared on the full daily history of Mueller Industries, Inc.. 0 beat buy-and-hold CAGR; ROC 모멘텀 ranks first by Sharpe, matching the main backtester. Its 99% market exposure makes it hold-like.

Data 1991-02-25 ~ 2026-07-31daily bars 8,922 (35.4 years)Costs 0.5%Venue XNYSMonthly snapshot 2026-07-31

Results by strategy

0 of 10 beat buy and hold (CAGR 15.9%, drawdown -63.8%).

Sharpe leader (same as main): ROC 모멘텀 — CAGR 13.5%, MDD -70.7%, Sharpe 0.54, 99% exposure. With at least 95% exposure, it should be treated as hold-like, not strong evidence of timing skill.

No strategy retained at least 75% of buy-and-hold CAGR while reducing drawdown by both 20% relatively and 5 percentage points absolutely.

The alternative must retain 75% of buy-and-hold CAGR, improve drawdown by at least 20% and 5 percentage points, and stay below 95% exposure; the ranking weights return retention 60% and drawdown improvement 40%.

Strategy · parametersCAGRMDDSharpeCalmarTotalTradesExposure
ROC 모멘텀
Hold-like · Exposure 99%
n=3, threshold=-0.11
13.5%-70.7%0.540.1989.1x8999%
Donchian 채널 돌파
entryN=16, exitN=79
11.7%-74.5%0.510.1650.1x8787%
SMA 크로스오버
fast=20, slow=271
9.2%-76.1%0.460.1222.3x6168%
EMA 크로스오버
fast=53, slow=214
7.9%-84.6%0.420.0914.9x5170%
Supertrend
period=22, mult=4.8
6.3%-70.6%0.370.098.6x13355%
Keltner 채널 돌파
emaPeriod=52, atrPeriod=21, mult=2.4
5.5%-64.4%0.370.096.7x17241%
볼린저 밴드 돌파
n=52, k=0.7
5.7%-73.5%0.360.087.1x28653%
MACD
fast=19, slow=28, signal=16
3.5%-73.7%0.260.053.4x46950%
Parabolic SAR
step=0.015, maxStep=0.14
2.5%-75.4%0.220.032.4x62754%
ADX / DI 방향성
period=38, threshold=13
0.9%-85.0%0.140.011.4x22735%
Buy and hold15.9%-63.8%0.590.25187.9x1100%
1x 10x 100x 1992 1997 2002 2007 2012 2017 2022 ROC 모멘텀Buy and hold
ROC 모멘텀: Solid strategy line versus dashed buy-and-hold line. Log scale.
0% -18% -35% -53% -71% 1992 1997 2002 2007 2012 2017 2022 Buy and holdROC 모멘텀
ROC 모멘텀 maximum drawdown -70.7% (2004-10-04 → 2009-03-09), recovered after 3,307 days.

Rules of the top strategy

Rides the trend when recent return (momentum) over a window is above a threshold.

Method and caveats

Past performance does not guarantee future returns. Parameters were carried forward from the latest full optimization and replayed on this monthly dataset. 0.5% trading costs are included; taxes, slippage and rejected orders are not.
Re-optimize the same period and setupAll asset reports

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